Welcome to Savings Guide
Savings Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
Ohio Savings Bank – An Overview
from:Introduction
The Ohio Savings Bank was originally founded in 1889 in Cleveland, Ohio as a local savings and loans based institution. Now, renamed as the AmTrust Bank, the institution has diversified into the vast series of services including retail banking, mortgage and construction lending, investment and insurance service, indirect auto lending and many more.
It was in 1989 that the Ohio Savings Bank purchased the Pal Plaza Savings Bank in Boca Raton, Florida, resulting in the establishment of the AmTrust Bank division. In addition to the AmTrust branches in Cleveland, Akron, Columbus and Ohio Markets, there are branches located throughout southeastern Florida. With further expansion into yet another market in 2000, the first AmTrust Bank branch was established din Phoenix in Arizona.
Finally, it was in April 2007, that the Ohio Savings Bank was renamed as the AmTrust Bank, to represent the institution’s national presence.
The Services
Since its inception in 1889, the Ohio Savings Bank has grown from a savings and loan with a single branch office in Cleveland and only $20,000 in assets to being one pf the nation’s largest mortgage lenders. As of November 1998, the Ohio savings Bank boasted of being a $5.5 billion bank, with 45 branches in Ohio and Florida
It was in 2004, that the bank began to sense the need of inculcating the IT infrastructure into its work system. Hence, the bank began thinking of consolidating its legacy systems with an enterprise grid computing solution from Oracle. The new system was planned to lay ground for a services-based architecture that would eventually consolidate the bank’s call centre, mortgage application and data warehouse into a unified architecture.
It was further in 1998 that Microsoft announced that the Ohio Savings Bank has been equipped with a new computer infrastructure on the framework of Microsoft Windows Distributed internet Application architecture for Financial Services.
This development made the Ohio Savings Bank the first in its class to combine good customer service and streamlined operations with innovative, cutting-edge technology, building an efficient digital nervous system. The entire system was meant to benefit the customers, providing them with a high-class and efficient infrastructure for their banking operations. This development was also aimed at putting the bank on a firm foothold amongst the leading financial services of the nation, also enabling the users to take full advantage of personalized commuting services of their banking activities.
The Ohio Savings Bank continues to be one of the leading names in the financial sector in the region, though now represented under a different brand name altogether, but still enjoying the same legacy and an extremely sound goodwill.
??
??
??
??
1
Savings News
Report: Fewer workers saving for retirement - San Luis Obispo Tribune
 Benzinga | Report: Fewer workers saving for retirement San Luis Obispo Tribune The percentage of workers with virtually no savings is growing, and the outlook for a financially stable retirement is ... Summary Box: Retirement savings a challenge Report: Fewer workers saving for retirement Number of workers with inadequate retirement savings increases |
Daylight Saving Time 2010...spring forward - OregonLive.com
 CNM News Network | Daylight Saving Time 2010...spring forward OregonLive.com Daylight Saving Time (DST) begins this weekend, Sunday, March 14, at 2 am meaning we 'lose' an hour during the night. ... Daylight Savings Time 2010 and DST 2010 Breaking Updates Clocks spring ahead this weekend Bulgaria Turns Clocks to Daylight Saving Time March 28 |
US McConnell: Jobs Bill Cost Would Cancel Health Care Savings - Market News International
 FOXNews (blog) | US McConnell: Jobs Bill Cost Would Cancel Health Care Savings Market News International Health care savings would be "gone as soon as this bill passes." "The Senate is busy increasing the deficit by $100 billion," McConnell said. ... Obama Confuses Decades, Inflates Estimated Health Care Savings by $868B Health Reform – Getting over the finish line Modest, far-reaching cost control |